Skyline Champion Co. (NYSE:SKY) Shares Sold by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC lowered its position in Skyline Champion Co. (NYSE:SKY - Free Report) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,554 shares of the company's stock after selling 3,064 shares during the quarter. Skyline Champion makes up about 0.2% of Integrated Investment Consultants LLC's holdings, making the stock its 27th biggest holding. Integrated Investment Consultants LLC owned about 0.18% of Skyline Champion worth $9,299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SKY. Thrivent Financial for Lutherans lifted its stake in Skyline Champion by 2.1% during the second quarter. Thrivent Financial for Lutherans now owns 2,642,123 shares of the company's stock worth $179,004,000 after purchasing an additional 53,965 shares during the last quarter. State Street Corp boosted its holdings in shares of Skyline Champion by 4.6% in the 3rd quarter. State Street Corp now owns 1,790,962 shares of the company's stock valued at $169,873,000 after buying an additional 78,733 shares in the last quarter. FMR LLC grew its position in shares of Skyline Champion by 32.3% in the 3rd quarter. FMR LLC now owns 1,491,907 shares of the company's stock valued at $141,507,000 after buying an additional 363,885 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Skyline Champion by 5.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 639,981 shares of the company's stock worth $60,702,000 after acquiring an additional 33,942 shares in the last quarter. Finally, Congress Asset Management Co. lifted its position in Skyline Champion by 2.7% in the third quarter. Congress Asset Management Co. now owns 584,441 shares of the company's stock valued at $55,434,000 after acquiring an additional 15,242 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Barclays lifted their target price on Skyline Champion from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 31st. Jefferies Financial Group boosted their price objective on Skyline Champion from $79.00 to $86.00 and gave the company a "hold" rating in a research note on Wednesday, October 9th. Craig Hallum raised their target price on shares of Skyline Champion from $92.00 to $99.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Finally, Royal Bank of Canada lifted their target price on shares of Skyline Champion from $82.00 to $88.00 and gave the company a "sector perform" rating in a report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $85.40.

Skyline Champion Price Performance

Shares of SKY traded down $1.62 during mid-day trading on Friday, hitting $90.58. The company's stock had a trading volume of 1,009,321 shares, compared to its average volume of 1,322,405. The firm has a 50-day simple moving average of $96.62 and a 200 day simple moving average of $90.42. The firm has a market capitalization of $5.20 billion, a P/E ratio of 34.97 and a beta of 1.63. The company has a current ratio of 2.42, a quick ratio of 1.64 and a debt-to-equity ratio of 0.02. Skyline Champion Co. has a 1-year low of $64.82 and a 1-year high of $116.49.

Skyline Champion (NYSE:SKY - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.32. The company had revenue of $616.88 million during the quarter, compared to the consensus estimate of $600.52 million. Skyline Champion had a net margin of 6.42% and a return on equity of 13.20%. The company's revenue for the quarter was up 32.9% on a year-over-year basis. During the same period last year, the firm earned $0.82 EPS. Analysts predict that Skyline Champion Co. will post 3.43 EPS for the current fiscal year.

Skyline Champion Profile

Skyline Champion Corporation produces and sells factory-built housing in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family and hospitality sectors. It builds homes under the Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes brands in the United States; and Moduline and SRI Homes brand names in western Canada.